Bank of Ireland 2020 Interim Results slide image

Bank of Ireland 2020 Interim Results

Capital - strong fully loaded and regulatory CET1 ratios Bank of Ireland 2020 Interim Results Capital ratios - Jun 2020 Total equity Less Additional Tier 1 Deferred tax Intangible assets and goodwill Foreseeable dividend Expected loss deduction Pension Fund Asset IFRS 9 Regulatory Addback Other items Common Equity Tier 1 Capital Credit RWA Operational RWA Market, Counterparty Credit Risk and Securitisations Total RWA Common Equity Tier 1 ratio Total Capital Ratio Leverage ratio Phasing impacts on Regulatory ratio 49 49 Regulatory ratio Fully loaded ratio (€bn) (€bn) 9.9 10.0 (0.7) (0.7) (0.7) (1.2) (0.6) (0.6) (0.3) (0.2) (0.6) (0.6) 0.4 (0.2) (0.3) 7.1 6.5 41.8 41.5 4.4 4.4 1.7 1.7 47.9 47.6 14.9% 13.6% 18.7% 17.4% 6.8% 6.3% • Deferred tax assets - certain DTAs are deducted at a rate of 60% for 2020, increasing annually at a rate of 10% thereafter until 2024 IFRS 92 - the Group has elected to apply the transitional arrangement. The transitional arrangement allows a 100% add-back in 2020 and 2021, decreasing to 75%, 50%, and 25% in subsequent years 1 Deferred tax assets due to temporary differences are included in other RWA with a 250% risk weighting applied 2 The IFRS 9 addback to the Regulatory CET1 was c.70bps at 30 Jun 2020, increased from c.15bps at 31 Dec 2019 Bank of Ireland
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